ChatterBank1 min ago
A Pension Puzzle For You
36 Answers
Your Pension Provider pays you every four weeks - rather than every calendar month.
They offer a bonus double payment whenever your pension is due to be paid exactly on your birthday.
Assuming you get the first double-bubble on your 65th birthday, what is the earliest age at which you will next get the bonus? What is the latest?
You can assume they make payments every day of the year as necessary - no need to fuss over weekends or Bank Hols.
You can ignore 'leap day babies' as they just won't live long enough.
Quizzy Dave.
They offer a bonus double payment whenever your pension is due to be paid exactly on your birthday.
Assuming you get the first double-bubble on your 65th birthday, what is the earliest age at which you will next get the bonus? What is the latest?
You can assume they make payments every day of the year as necessary - no need to fuss over weekends or Bank Hols.
You can ignore 'leap day babies' as they just won't live long enough.
Quizzy Dave.
Answers
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